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AR15.COM
1/12/2009 8:26:08 AM EDT
So he gets to sit in his penthouse instead of the big house.WTF?
1/12/2009 8:26:57 AM EDT
[#1]
He's got the best lawyers stolen money can buy.
1/12/2009 8:27:32 AM EDT
[#2]
Or Judges.
1/12/2009 8:29:13 AM EDT
[#3]



Quoted:

He's got the best lawyers stolen money can buy.




No kidding.  I bet he gets off with a slap on the wrist.  He never stole anyone's money.  They gave it to him freely.
1/12/2009 8:29:46 AM EDT
[#4]
And that's the way it works folks...move along move along.....

Nothing to see here....

1/12/2009 8:31:00 AM EDT
[#5]
This should not surprise you.

$ Talks.
1/12/2009 8:31:27 AM EDT
[#6]
Free account,huh?
1/12/2009 8:32:17 AM EDT
[#7]
Rich liberals, go figure.
1/12/2009 8:32:57 AM EDT
[#8]
Be patient.

He stole the kind of money people get killed over.


Am I correct to say Schumer got riped off too?
1/12/2009 8:34:02 AM EDT
[#9]
In the case of Madoff, I would support extrajudicial COC violations.
1/12/2009 8:34:42 AM EDT
[#10]
And he stole it from the people that do kill over it.Never again!
1/12/2009 8:34:57 AM EDT
[#11]
Quoted:
Be patient.

He stole the kind of money people get killed over.


Am I correct to say Schumer got riped off too?


I heard on the news one of the women who channeled something like $2 billion from investors Madoff's way is now in hiding - her clients apparently include some Ruskies w/ dirty ties and she's afraid for her life now.
1/12/2009 8:35:28 AM EDT
[#12]
Google-search for only news stories that come out of South Florida regarding this POS.  You'd be surprised at how many retirees lost their entire savings, and many didn't even know they were invested with Madoff.
1/12/2009 8:36:59 AM EDT
[#13]
He possesses a necropolis of peoples' closeted financial skeletons.
1/12/2009 8:38:35 AM EDT
[#14]
Or he will get a lot of other people dead.
1/12/2009 8:39:41 AM EDT
[#15]
Quoted:
Or he will get a lot of other people dead.


At least one guy has already killed himself over this.
1/12/2009 8:41:01 AM EDT
[#16]
Like others have said, I can't believe no one has shot this guy. 50 billion is no joke.
1/12/2009 8:41:29 AM EDT
[#17]
He didn't get away with what he did without .gov complicity of some sort (i.e. SEC).   Lots of fraud in this one, beyond he and colleagues.  If .gov is really interested in bring his network down, lots and lots of heads are going to roll.  He under house arrest keeps the focus of the story on "a rich guy getting off easy", when the real story is who was involved in allowing this to transpire.  
1/12/2009 8:43:33 AM EDT
[#18]



Some people are more equal than others.
1/12/2009 8:45:11 AM EDT
[#19]
I just not heard on the news the DA is moving to revoke bail, because of violation.   It seems Madoff mailed over a million dollars in jewelry to relatives.   Why this scum was not considered a flight risk is crazy.  It's amazing he can safely walk the streets without disappearing with the help of someone he scammed.
1/12/2009 8:56:36 AM EDT
[#20]
Quoted:
Quoted:
Be patient.

He stole the kind of money people get killed over.


Am I correct to say Schumer got riped off too?


I heard on the news one of the women who channeled something like $2 billion from investors Madoff's way is now in hiding - her clients apparently include some Ruskies w/ dirty ties and she's afraid for her life now.


Here's a tip, Witness Protection. I don't think you can hide forever if you lost a few millon on the Ruskie Mobs money, odds are she lost a lot more than a few millon of the Ruskie Mobs money.

Casino Royale got nothing on this shit.

I think Bernie Madoff's whole family may end-up sleeping with fishes before all is said and done.
1/12/2009 8:56:58 AM EDT
[#21]
Quoted:
He didn't get away with what he did without .gov complicity of some sort (i.e. SEC).   Lots of fraud in this one, beyond he and colleagues.  If .gov is really interested in bring his network down, lots and lots of heads are going to roll.  He under house arrest keeps the focus of the story on "a rich guy getting off easy", when the real story is who was involved in allowing this to transpire.  


Just finished a read on "Hon." Ronald Ellis.You are right.
1/12/2009 9:15:10 AM EDT
[#22]
In Madoffs case I believe he should be publicly stoned by everyone who he screwed. Include his entire family in the stoning as well. Then his body should be hanged in public until his flesh rots and his bones falls through the nuse. At that point let the dogs in the public pound have his bones.

No, Im not violent. An example needs to be made, in todays economic mealtdown this kind of shit.........

Jay-R
1/12/2009 9:27:12 AM EDT
[#23]
He deserves the same treatment as everyone else who has perpetuated a Ponzi scheme on such a level.  That includes every congressman and president since FDR.  Only Madoff looks like a kid shoplifting Hershey bars compared to Social Security.

1/12/2009 9:28:45 AM EDT
[#24]
Quoted:
He deserves the same treatment as everyone else who has perpetuated a Ponzi scheme on such a level.  That includes every congressman and president since FDR.  Only Madoff looks like a kid shoplifting Hershey bars compared to Social Security.



We had a big one unravel here not too long ago. The guy that orchestrated it even had a building named after him at the local state college thanks to all his donations and gifts (Steinway pianos etc) using stolen money. He committed suicide. Someone should let Madoff know...
1/12/2009 9:31:22 AM EDT
[#25]
Quoted:
Quoted:
Be patient.

He stole the kind of money people get killed over.


Am I correct to say Schumer got riped off too?


I heard on the news one of the women who channeled something like $2 billion from investors Madoff's way is now in hiding - her clients apparently include some Ruskies w/ dirty ties and she's afraid for her life now.


Ruskies and Arabs.  It's pretty much a race to see who kills her/sticks her in a Bangledesh brothel first.  

1/12/2009 9:33:22 AM EDT
[#26]
What I think is funny, his own sister lost $3 million in this venture.
1/12/2009 9:46:32 AM EDT
[#27]


Quoted:



I think Bernie Madoff's whole family may end-up sleeping with fishes before all is said and done.
I'm not sayin' it's right, but I understand...

 
1/12/2009 9:56:22 AM EDT
[#28]
The judge appointed an auditor to check on the status of his possessions every week and check his out going mail.

There were $173 million in checks on his desk last week that were about to go out to relatives when he got picked up.

They'll have to sit on him and keep him away from the phone, 'puters, and attorneys to stop him from moving money while he's in his apartment.  Which would have been seized already if one of us was the perp.
1/12/2009 10:12:58 AM EDT
[#29]
His apartment is used as collateral for his bail.

I was surprised nobody shot him when he was outside surrounded by reporters, a la Lee Harvey Oswald.
1/12/2009 10:21:08 AM EDT
[#30]
Quoted:
He possesses a necropolis of peoples' closeted financial skeletons.


was he washing dirty cash for white collar folks????
1/12/2009 10:38:52 AM EDT
[#31]
See pacs dupe thread for more info.
2/4/2009 9:22:48 PM EDT
[#32]



Quoted:


He didn't get away with what he did without .gov complicity of some sort (i.e. SEC).   Lots of fraud in this one, beyond he and colleagues.  If .gov is really interested in bring his network down, lots and lots of heads are going to roll.  He under house arrest keeps the focus of the story on "a rich guy getting off easy", when the real story is who was involved in allowing this to transpire.  


As a follow-up to my posts.  Here ya go.  They are both worth the time to watch.  Watch them in order.  .gov complicity is evident.



http://www.cnbc.com/id/15840232?video=1021475158



http://www.cnbc.com/id/15840232?video=1021551579



 
2/4/2009 9:59:15 PM EDT
[#33]
Quoted:

Quoted:
He didn't get away with what he did without .gov complicity of some sort (i.e. SEC).   Lots of fraud in this one, beyond he and colleagues.  If .gov is really interested in bring his network down, lots and lots of heads are going to roll.  He under house arrest keeps the focus of the story on "a rich guy getting off easy", when the real story is who was involved in allowing this to transpire.  

As a follow-up to my posts.  Here ya go.  They are both worth the time to watch.  Watch them in order.  .gov complicity is evident.

http://www.cnbc.com/id/15840232?video=1021475158

http://www.cnbc.com/id/15840232?video=1021551579
 


Markopolos was trying to blow the lid off of this scam for years but an investigation couldn't gain any traction at the SEC even though he showed  it was obvious that the returns Madoff claimed he was getting on the investments he handled (he claimed that he never "managed" any investments) were impossible given his, or for that matter, any other legal strategy.

ETA: I know a guy who lost 8 million to Madoff's Ponzi scheme.

He received statements from Madoff that did in fact, list plenty of prudent, well known, large name mutual funds.

The same funds that belong in a well planned, diversified portfolio.

The problem was; that the statements Madoff provided listed these funds as being in his account but the account was actually empty since they were never purchased.

There's little doubt in my mind that Madoff spread some of the wealth around in all the right places and he probably has a little black book which would account for his constant smirk and the kid gloves treatment he's been receiving.

Even after Madoff was charged by prosecutors for trying to illegally transfer cash and property to family and cronies; the judge on the case returned him to house arrest rather than park his ass in a cell.

Madoff acts like a man who's holding and ace in the hole which he can use to incriminate some pretty well placed individuals who are in the employ of .gov.

On the other hand; he might just have a fatal "heart attack" while the government dicks around with his case that is likely to take years to put together.
2/4/2009 10:04:12 PM EDT
[#34]





Quoted:





Quoted:
Quoted:


He didn't get away with what he did without .gov complicity of some sort (i.e. SEC).   Lots of fraud in this one, beyond he and colleagues.  If .gov is really interested in bring his network down, lots and lots of heads are going to roll.  He under house arrest keeps the focus of the story on "a rich guy getting off easy", when the real story is who was involved in allowing this to transpire.  



As a follow-up to my posts.  Here ya go.  They are both worth the time to watch.  Watch them in order.  .gov complicity is evident.





http://www.cnbc.com/id/15840232?video=1021475158





http://www.cnbc.com/id/15840232?video=1021551579


 






Markopolos was trying to blow the lid off of this scam for years but an investigation couldn't gain any traction at the SEC even though he showed  it was obvious that the returns Madoff claimed he was getting on the investments he handled (he claimed that he never "managed" any investments) were impossible given his, or for that matter, any other legal strategy.





There's little doubt in my mind that Madoff spread some of the wealth around in all the right places and he probably has a little black book which would account for his constant smirk and the kid gloves treatment he's been receiving.





Even after Madoff was charged by prosecutors for trying to illegally transfer cash and property to family and cronies; the judge on the case returned him to house arrest rather than park his ass in a cell.





Madoff acts like a man who's holding and ace in the hole which he can use to incriminate some pretty well placed individuals who are in the employ of .gov.





On the other hand; he might just have a fatal "heart attack" while the government dicks around with his case that is likely to take years to put together.



Yup...thought that was the case from the get go.  The first video is interesting in that it contains details on how the ponzi scheme functioned.  The 2nd one just pisses me off...fucking SEC douche nozzles.
 
2/4/2009 10:09:29 PM EDT
[#35]
So he should be in prison.  Think, how will he exist if he skates?  He will need plastic surgery just to take a walk in NYC.

I say he gets bumped off in a few months.